Descending broadening wedge on the 15 minute chart. These usually play out in a move to the upside.
Bounce off of our fib channel. The bounce is a lot more clear on lower timeframes.
If you put all your faith into one single signal. You'll be the first to get wiped out. It's natural selection. Don't let the news screw you over. Golden Crosses have only pumped 50% of the time. Just saying...
Attention all shorts!! Ready... Set... REKT! Lol today is the time to buy the dip. We should have atleast 100 more pts. of leeway before we run into a couple good resistance levels that could trigger a reversal. ( BTCUSD )
She's a beauty, ain't she? Tomorrows price action projection. ( BTCUSD )
Your Favorite ( BTCUSD ) Author Is Back With Your Daily Dose Of TA. Mwhaa
So, if you have been following my charts, you would know I have been calling for the correction to start. So far so good. Yet, I want to cover an area that will be important. In the yellow highlighted box, which is where we are now; we will be seeing some support. This is a key area. Fib + where we consolidated after 10.5k in October. All in all, We will still...
Bearish Divergance. ( BTCUSD ) ( BITCOIN ) ( RSI )
Descending triangle may play out and hit the lower end of my fib channel. But, as for now we have good support at the 9800 area. Happy Trading
We are still in a nice uptrend. But I do see some divergence. Again, I plan on scalping this week out, as things are a bit undpredictable as they usually are.
Looks like we are sitting right where we began the descending triangle we found ourselves stuck in. Candle formation is getting weak, and we have oversold price action. Short term long. || ( GBP ) ( GBPUSD ) ( GBPJPY ) ||
Could be seeing a cross on the daily, pushing us up for further bullish price action. It's what it seems like is going to happen. ( Bitcoin ) ( BTC ) ( BTCUSD )
Daily has found clear support off of major fib. Wicked perfectly off of it and now it looks as though the 9550 area will hold us up for the time being. Nothing is a sure thing, but if we can keep this bullish momentum, as well as blasting off major support areas, we may be seeing 10k very soon! Happy Trading!!! | ( Bitcoin ) / ( BTC ) / ( BTCUSD ) |